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US firm Advent to buy Sanofi’s generics unit

US private equity firm Advent International has agreed to acquire Zentiva, French pharmaceutical giant Sanofi’s European generics arm, for 1.9 billion euros ($2.4 billion), a statement said Tuesday.

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Myanmar pardons 8,500 prisoners in holiday amnesty

Myanmar’s president on Tuesday announced pardons for more than 8,500 prisoners, including three dozen jailed in political cases, as part of an annual amnesty marking the country’s traditional new year.

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Spring storm keeps central US in icy grip

A deadly storm system churning through the central U.S. has blanketed parts of the Upper Midwest in heavy snow and ice and battered areas farther south with powerful winds and even tornadoes.